Credit Suisse Unveils Plans To Raise $6.3 Billion Fresh CapitalMani
Credit Suisse announced plans on Wednesday to raise SFr6.05 billion ($6.3 billion) fresh capital and cut costs, as the Swiss bank recently delivered a disappointing set of quarterly results.
The bank also announced that it would restructure its investment bank significantly to trim the amount of capital allocated to the business.
Credit Suisse to launch $6.3billion fresh capital issue
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